HDB To Focus More On Local Markets: Fathy El Sebaei
Fathy El Sebaei, Chairman and MD of Housing and Development Bank (HDB), said the bank will send a delegation to…
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Banks
CIB To Market Emaar’s Loan
Commercial International Bank (CIB) plans to market the loan arranged by the Bank and HSBC to Emaar Misr during…
Jordan’s Arab Bank Group Profit Surges To $204 Mln
Jordan-based Arab Bank Group posted a 10 percent rise in quarterly profit on Tuesday to $204 million, as revenues…
U.S. Regulator Criticizes Banks On Risk Models
U.S. Federal Reserve criticized how some of the 19 largest U.S. banks calculated potential losses and planned…
Fitch Affirms Indonesia’s Bank OCBC NISP At ‘BBB’; Outlook Stable
Fitch Ratings has affirmed PT Bank OCBC NISP Tbk's (OCBC NISP) Long-Term Foreign and Local Currency Issuer Default…
Singapore Bank Lending Rises 1.5% In March
Total bank lending in Singapore rose 1.5 percent in March from February, central bank data showed on Monday.Bank…
Unipec Sues BNP Paribas
Unipec Asia Company Ltd, a subsidiary of China Petroleum and Chemical Corp, has sued BNP Paribas in Hong Kong to…
CBE To Offer EGP 2.5 Bln Bonds
Central Bank of Egypt (CBE) will offer EGP 2.5 billion ($413.5 million) in reopened bonds at an auction on May 7.…
Bahrain’s GIB Net Income Rises 23%
Bahrain-based lender, Gulf International Bank (GIB) has said its consolidated net profit after tax rose 23%…
Dubai Banks’ Profits Declines 35% In Q1
The net profits of Dubai-based banks dipped by nearly 35 per cent in the first quarter of 2012 and the bulk of the…
